The secondary mortgage market is where loans are bought and sold by
A) mortgagees to mortgagees
B) investors to lenders
C) borrowers to lenders
D) mortgagors to mortgagors
Answer: A) mortgagees to mortgagees
Business
You might also like to view...
If the price of a good is not affected by a tax, then:
a) supply is perfectly elastic. b) demand is unit elastic. c) demand is perfectly elastic. d) the elasticity of supply is greater than elasticity of demand. e) supply is unit elastic.
Business
The Boat and Ski Shop, a small retail boat shop, would most likely rely on which of the following methods to finance its inventory?
a. Discounted installment contracts b. Floor planning c. Installment loans d. Trade credit
Business